# PPP loan: PALLET RESOURCE, LLC
> **$188K** approved 04/07/2020 · Paid in Full · Loan `6939867005`
## Borrower
- **Name:** PALLET RESOURCE, LLC
- **Address:** 1110 Judd Road, CHATTANOOGA, TN, 37406-4700
- **NAICS:** 321920
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $168K
- **Rent:** $10K
- **Utilities:** $10K
- **Jobs reported:** 26
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*